Fossil Energy
First ever oil discovery offshore East Africa verified
Pancontinental Oil and Gas NL has announced that, after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column – the first-ever oil discovered off the East African coast. The gross oil column is assessed to be 14m
Subsea 7 hires HRG for travel management services
Hogg Robinson Group (HRG) has been awarded a global travel contract for Subsea 7, one of the world’s leading global contractors in seabed-to-surface engineering, construction and services to the offshore industry.
African Petroleum gets new independent Board director
African Petroleum Corporation has announced the appointment of Bjarne Moe as a Norwegian based independent director to the Board. Moe has over 35 years’ experience in the oil and gas industry including being the former Director General of the Oil and Gas Department of the Ministry of Petroleum, Norw
COSL, Statoil settle dispute
China Oilfield Services Limited (COSL) announced that it has reached a settlement agreement with Statoil concerning a dispute related to stand-by fees of operating offshore drilling rigs. More specifically, the dispute was between COSL Offshore Management AS (“COM”), a Norway-based subsidiary of COS
SPT Offshore installs suction piles for L6-B platform
SPT Offshore, acting as subcontractor of Scaldis Marine Contractors, successfully installed 3 suction piles forming the foundation of SPT’s tripod substructure and minimum facilities concept utilized for the Wintershall L6-B field development. The suction piles were simultaneously installed in a rec
Det norske, Spike swap North Sea assets
Det norske oljeselskap ASA has signed an agreement with Spike Exploration to swap a 10 percent interest in licence 554/B/C containing the Garantiana oil discovery for a 20 percent interest in license 457 containing parts of the Ivar Aasen deposit, offshore Norway. Licence 457 is located adjacent and
Maersk Oil & Gas hires ‘Havila Fortune’
Havila Shipping has been awarded a contract with Maersk Oil & Gas for the PSV Havila Fortune. The contract is firm for one year commencing on 1st August 2014 and includes three optional periods each of one year. The contract includes a walk to walk system operated by a supplier. [mappress] Press R
Global Offshore signs 3 year contract for ‘M.V. Kamet’
Global Offshore Services Ltd has reported that the Company has received a contract for one of its platform supply vessels.
Borders & Southern: Darwin could hold 263 million barrels
Borders & Southern, a London based independent oil and gas exploration company, has provided a technical update on its Darwin Gas Condensate Discovery in the Falkland Islands. In April 2012 Borders & Southern made a significant gas condensate discovery with its first exploration well in the Falkland
Ithaca Energy encounters high quality sands at Stella well
Ithaca Energy Inc. has provided an operations update ahead of today’s 2014 Annual and Special Shareholders Meeting. Stella Development Drilling Update The third development well on the Stella field, well 30/06a-B1X (“B1”), has been successfully drilled to a total measured depth subsea of 16,185 feet
Unnamed oil company hires ‘Tor Viking’ AHTS
Viking Supply Ships has entered into a contract with “a major oil company” for the charter of “Tor Viking” AHTS vessel in the Far East region, starting in June 2014.
Serica acquires interest in BP’s Erskine field (UK)
Serica Energy plc has announced that it has agreed to acquire an 18% interest in UK blocks 23/26a (Area B) and 23/26b (Area B) containing the Erskine Field, located in the UK Central North Sea, from BP Exploration Operating Company Limited and Britoil Limited both wholly owned subsidiaries of BP plc
EMGS secures Norwegian Sea survey gig
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea.
Premier sells stake in PL 259 to Lundin
Premier Oil has sold its 30 per cent equity stake in licence PL359 to Lundin Norway AS for a total after tax consideration of $17.5 million, subject to Norwegian government approval.